Category
Manufacturing
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Ramifications of a trade war: an expert look at the numbers for Canada
Ottawa – A new analysis of escalating trade disputes involving the United States warns that a deterioration into an all-out, global trade war would knock North America’s economies into recession. The report by Scotiabank said if the U.S. breaks all…
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Consortium introduces new field service advisor for Nova Scotia
Owen Sound, Ont. – Excellence in Manufacturing Consortium (EMC), a unique not-for-profit consortium serving and supporting Canada’s manufacturing industry, would like to advise its members, and community partners that after seven great years with EMC, Glenn Durnford, will be retiring…
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U.S. steel tariffs prompt ADF to impose work sharing at Quebec plant
Montreal – ADF Group Inc. says uncertainty over U.S. steel tariffs reduced orders and prompted it to introduce work-sharing for employees at its Quebec plant. “Backlog growth is paramount to our success and unfortunately the uncertainty surrounding the steel import…
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Data as a practical problem solver
Maintenance optimization and reliability engineering in the age of digitalization.
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Managed dairy system enticed Coca Cola to build Ontario milk plant: Dairy Farmers
Toronto – Coca-Cola Canada’s decision to invest $85 million in a new milk processing plant in Ontario shows why the Canadian government should continue to defend the country’s supply management system, said the general manager of the Dairy Farmers of…
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Canada posts job losses in May, but wages increased
Ottawa – Canada’s economy unexpectedly lost jobs for the second month in a row in May, but wages posted their fastest year-over-year increase in nine years, Statistics Canada said Friday. The economy lost 7,500 jobs in May as a drop…
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Business groups look forward to Ford’s industry friendly policies, seek details
Incoming Ontario premier Doug Ford promised a business-friendly government during the provincial election campaign, but now industry groups want the details about what that is going to look like. “Now what we want is definition of the mandate,” said Rocco…
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Trudeau stops in Canada’s aluminum country before facing Trump on tariffs at G7
Saguenay, Que. – Just before he heads to the G7 summit, Prime Minister Justin Trudeau is making a stop in the heart of Canada’s aluminum country – and he’s repeating his pledge to try to convince Donald Trump that his…
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Industry players wary of tariff war, in spite of potential benefits
Canada’s tariffs on imported U.S. goods – everything from strawberry jam to sleeping bags – could steer consumers to seek out cheaper, made-in-Canada alternatives, but domestic industry players are fearful that input costs will rise and American politicians could retaliate…
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Canada hoping its own tariff threat will prompt U.S. climbdown: Morneau
Whistler, B.C. – Finance Minister Bill Morneau says he’s hopeful the threat of retaliation against U.S. trade measures will convince the Trump administration to back down from the steel and aluminum tariffs it has imposed on its G7 allies. The…
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Ottawa will work with Canadian aluminum, steel companies to ensure jobs safe: PM
Halifax – Prime Minister Justin Trudeau says he will work with Canadian steel and aluminum companies hit by punishing U.S. tariffs to make sure jobs and workers north of the border are protected. In a CBC radio interview in Halifax…
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Aluminum and steel users disappointed with imposition of hefty U.S. tariffs
Consumers on both sides of the border could be caught in the middle of a trade war as businesses slap them with higher prices to offset the impact of billions of dollars worth of reciprocal tariffs announced by the United…
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EPTDA London 2018 convention registrations now open
Brussels – The EMEA Power Transmission Distributors Association (EPTDA), the leading organization for the mechanical Power Transmission and Motion Control (PT/MC) industry in EMEA, has opened registrations for its 21st Annual Convention held in London, September 26 – 28, 2018…
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Triton to sell Aventics to Emerson
Laatzen, Germany – Triton has initiated the next step to ensure a prosperous and sustainable future for Aventics by announcing its intention to sell the company to Emerson. There has been an agreement on terms with Emerson and the regulatory…
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Steve Carlisle named head of Cadillac, new GM Canada president is Travis Hester
Oshawa, Ont. – The Ontario-born head of General Motors Canada is moving to head Cadillac, the global automaker’s luxury car division as part of a management rotation Wednesday. Steve Carlisle will replace Johan de Nysschen, who is leaving effective immediately…
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PTDA’s industry Research Reports strong total sales in 2017
Chicago, Ill. – The fourth quarter 2017 Sales History & Outlook Report (SHOR) released by the Power Transmission Distributors Association (PTDA) indicates the average PTDA distributors’ index for total sales during 2017 was 5.4 percent above 2016. PTDA manufacturers’ average…
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Three updates to watch for in the coming week
Three things to watch for in the Canadian business world in the coming week: Manufacturing numbers Statistics Canada releases the monthly survey of manufacturing for March on Wednesday. Manufacturing sales increased 1.9 per cent to $55.8 billion in February, following…
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Mass customization gives materials handling factory an edge
Forklift manufacturer and materials handling solutions provider Combilift officially opened its global headquarters and manufacturing facility in Monaghan, Ireland, to customers, media and dignitaries, including Kevin Vickers, Ambassador of Canada. Celebrating two decades in business, the privately held firm has…
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Magna beats first quarter profit expectations, raises guidance for the year
Aurora, Ont. – Magna International Inc. raised its guidance for the year as it reported a better-than-expected first-quarter profit and sales that grew 21 per cent compared with a year ago. The auto parts maker, which keeps its books in…
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Volkswagen’s new CEO promises a more ethical culture
Frankfurt – Volkswagen’s new CEO, Herbert Diess, has vowed to build a more ethical culture after the company’s diesel emissions scandal and outlined a new structure aimed at streamlining decision-making at the sprawling company. Diess said Thursday at the shareholder…
